Super Micro Computer Inc [SMCI] Revenue clocked in at $11.82 billion, up 190.92% YTD: What’s Next?


Super Micro Computer Inc [NASDAQ: SMCI] slipped around -78.28 points on Monday, while shares priced at $826.98 at the close of the session, down -8.65%.

Compared to the average trading volume of 6.21M shares, SMCI reached a trading volume of 7679874 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Super Micro Computer Inc [SMCI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SMCI shares is $1059.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SMCI stock is a recommendation set at 1.79. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

KeyBanc Capital Markets have made an estimate for Super Micro Computer Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on April 24, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price to Overweight. The new note on the price target was released on March 25, 2024, representing the official price target for Super Micro Computer Inc stock. Previously, the target price had yet another raise to $1350, while Argus analysts kept a Buy rating on SMCI stock.

The Average True Range (ATR) for Super Micro Computer Inc is set at 64.07, with the Price to Sales ratio for SMCI stock in the period of the last 12 months amounting to 4.10. The Price to Book ratio for the last quarter was 9.51, with the Price to Cash per share for the same quarter was set at 36.12.

How has SMCI stock performed recently?

Super Micro Computer Inc [SMCI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.08. With this latest performance, SMCI shares dropped by -5.30% in over the last four-week period, additionally plugging by 173.76% over the last 6 months – not to mention a rise of 265.18% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SMCI stock in for the last two-week period is set at 47.80, with the RSI for the last a single of trading hit 45.86, and the three-weeks RSI is set at 48.47 for Super Micro Computer Inc [SMCI]. The present Moving Average for the last 50 days of trading for this stock 836.39, while it was recorded at 891.46 for the last single week of trading, and 585.05 for the last 200 days.

Super Micro Computer Inc [SMCI]: Deeper insight into the fundamentals

Super Micro Computer Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.29 and a Current Ratio set at 4.69.

Earnings analysis for Super Micro Computer Inc [SMCI]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SMCI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Super Micro Computer Inc go to 62.40%.

Insider trade positions for Super Micro Computer Inc [SMCI]

The top three institutional holders of SMCI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SMCI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SMCI stock with ownership which is approximately 5.8386%.